Firstly, this volatility is expected. Don’t forget that this is like a biotechs and tech stocks their infancy stages. I’ve seen and swings like this many-a-time. I bought $RHT when it was trading around $55, and watched it drop and stay in the $40s range, the same with $SQ, $WVE, $MXIM, $ITW, $ALKS... Keep in mind that aside from the shorts, there are investors who bought some of their $CGC shares on Margin. And I’m fairly certain the latter has something to do with the selling.
D
$ITW conversation
WAS hoping for a split , but don't see much upside to that if all it does it split the price as well a split would be great if i was going to hold it a long time.
S
$ITW conversation
I added a little more shares at the open. Rev were very good!
B
I love this stock!
S
$ITW conversation
Too late to get in? I have been wanting to get in this stock every since it was $85. I know today is the ex dividend. Is it expensive here or do you see more upside? Was hoping for $110-112, but I'm begging to think were on our way to $125.
D
$ITW conversation
Another new high today at 120+!
Warren - See my posts below when the stock was 102 and 114. I am a very long term holder. i have not sold a share and don't expect to for a long time.
p
$ITW conversation
even with a sell on itw from goldman, stock down less than 1%. strong stock.
D
$ITW conversation
i got out at 120 , after seeing president of company sell his million dollars worth, of course that was just part of his holdings. tired of the big swings in price, might get back in after the election, I think it could go lower but after hitting this low today I would guess it will jump up tomorrow at least a dollar or more
D
$ITW conversation
some profit taking has dropped the share price, and headwinds from the strong dollar will put pressure on ITW. In it for the long haul!
w
$ITW conversation
Gentlemen: Why did the CEO sell 8.5 million shares. Is this a message to the small investor to unload their shares as the insider sure knows more than us small investtor
D
$ITW conversation
Four months ago I posted when ITW hit 102. Now we are 114. These guys are really on top of it, selling off below average earning divisions and expanding the good stuff. The quarter was excellent. Hang tight.
S
$ITW conversation
added more ITW today. Hoping estimates on Friday are above expectations.
Don’t forget that this is like a biotechs and tech stocks their infancy stages.
I’ve seen and swings like this many-a-time.
I bought $RHT when it was trading around $55, and watched it drop and stay in the $40s range, the same with $SQ, $WVE, $MXIM, $ITW, $ALKS...
Keep in mind that aside from the shorts, there are investors who bought some of their $CGC shares on Margin. And I’m fairly certain the latter has something to do with the selling.
a split would be great if i was going to hold it a long time.
Warren - See my posts below when the stock was 102 and 114. I am a very long term holder. i have not sold a share and don't expect to for a long time.
tired of the big swings in price, might get back in after the election, I think it could go lower
but after hitting this low today I would guess it will jump up tomorrow at least a dollar or more